Section 633A.4203 - Standard of prudence.

IA Code § 633A.4203 (2019) (N/A)
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633A.4203 Standard of prudence.

A trustee shall administer the trust with the reasonable care, skill, and caution as a prudent person would, by considering the purposes, terms, distribution requirements, and other circumstances of the trust.

99 Acts, ch 125, §49, 109

C2001, §633.4203

2005 Acts, ch 38, §54

CS2005, §633A.4203